News

CER gets financing deal for manufacturing plant

China Energy Recovery closed a financing transaction and issued a two-year 9.5 percent Unsecured Convertible Promissory Note of $5 million. The note may be converted into common stock at a conversion price fixed at $1.80 per share, to an accredited private investor.

CER gets financing deal for manufacturing plant

China Energy Recovery closed a financing transaction and issued a two-year 9.5 percent Unsecured Convertible Promissory Note of $5 million. The note may be converted into common stock at a conversion price fixed at $1.80 per share, to an accredited private investor.

Larsen & Toubro and GEH ink nuclear power deal

GE Hitachi Nuclear signed a nuclear plant development agreement with India's Larsen & Toubro Ltd. for its future ABWR projects.

AMSC expands in India through Inox Wind Limited

American Superconductor Corporation, a leading energy technologies company, has announced that its wholly owned AMSC Windtec subsidiary has licensed its proprietary 2 megawatt (MW) doubly-fed induction wind turbine design to Inox Wind Limited, part of India’s Inox Group of Companies (Inox). The license provides Inox with the right to manufacture and sell the wind turbines globally. Inox plans to begin series production of the 2 MW wind turbines in 2010.

First unit of Lianyuan Power Plant starts operations

The first 300MW generation unit of Hunan Lianyuan Power Plant commenced commercial operations after passing a 168-hour full load pilot run.

First Units of Laxiwa Hydropower Station commissioned

The celebration on commissioning of first units of Laxiwa Hydropower Station was recently held at the site of Laxiwa Hydropower Station.

Siemens puts up wind turbine plant in China for US$83M

Siemens is investing more than US$83.88 million for a wind turbine plant production facility in Lingang New City, Shanghai. This new facility is scheduled to take up operation in the second half of 2010, initially with 400 employees. The wind turbine plants produced in Shanghai will be for the Chinese market and for export. The new production site will have a total space of 180,000 square meters and be situated at an excellent location with regard to shipping and traffic facilities, being in the direct vicinity of the Yang Shan deep-sea harbor. "Siemens is expanding its commitment to environmentally-friendly energy technology in China with this new wind turbine production facility in Shanghai,” declared Wolfgang Dehen, CEO of the Siemens Energy Sector and member of the managing board of Siemens AG. "China could soon become the largest wind energy market in the world and with our new production facility in Shanghai we are establishing an excellent starting position for meeting the growing demand of this exciting market. In addition, we are also rigorously advancing the internationalisation of our manufacturing network for wind turbines to optimally meet the needs of our customers in Asia, Europe and America," he added. Siemens will initially produce blades for 2.3 and 3.6 MW wind turbine plants. These blades will be produced using the IntegralBlade process patented by Siemens, without any glued joints that are susceptible to damage. Wind turbine plant nacelles will also be produced at this new plant. The production capacity for the new facility is initially planned at 500 MW annually. The first wind turbine blades and nacelles are scheduled to leave the plant in time for the EXPO 2010 international exhibition in Shanghai. Siemens has already reserved additional space in Lingang for potential expansion of this production facility.

CLP electricity sales down for 1Q

CLP electricity sales for the first quarter in Hong Kong and Chinese mainland decreased by 8.9 percent to 6,891GWh.

AREVA gets interconnection contract in China

AREVA will supply High Voltage Direct Current systems for projects interconnecting the Ningdong and Shangdong regions and the Three Gorges Dam to Shanghai.

NNSA approves Haiyang nuclear site

Unit 2 of Shandong Haiyang NPP Phase 1 nuclear island excavation passed the site acceptance inspection conducted by the NNSA.

Unit 7 of TEPCO nuclear station to restart

TEPCO gained approval to restart unit No.7 of its Kashiwazaki-Kariwa Nuclear Power Station from concerned political units.

Singapore to test-beds electric vehicles

A multi-agency taskforce has been set up to spearhead the test-bedding of Electric Vehicles in Singapore. It will be chaired by the Energy Market Authority and Land Transport Authority.

CWP inks wind power and clean mechanism projects

A 350MW wind power project with a total of 7 JVs will be set up in Fuxin City, Liaoning Province by China Wind Power and Liaoning Energy Investment Group. The joint venture between the two companies indicated that the project will start construction this year with the aim of producing energy by 2010.

CR Power's net generation still up in first 4 months

China Resources Power Holdings Company Limited's total net generation in April 2009, on a consolidated basis, decreased by 6.34 percent. It generated 5,104,552 Mwh, compared to 5,449,960 MWh for the same period last year.

Award-winning transformer plant opens in Wuhan

Wuhan has a new "green" transformer factory, designed in accordance with the principles of energy saving and CO2 emission reduction.

Westinghouse enters joint venture for zirconium plant

Westinghouse Electric and the State Nuclear Baoti Zirconium have agreed to build and operate a nuclear grade zirconium sponge plant. It will be located at Nantong in the Jiangsu Province.

Green light given for Jiangxi nuclear plant

Jianxsi Nuclear Power can now proceed with the construction of Units 1 and 2 of Jiangxi Pengze NPP Phase I following the approval by two government agencies.

Sanmen nuclear plant set for 2013

The first pour of basemat structural concrete for the nuclear island at Sanmen has been completed. This will be the site of the first of four Westinghouse AP1000™ nuclear power plants to be built under a contract signed in 2007.